QSR Lot - Richmond, KY- Interstate - High Traffic Retail Location

Vacant Land for Sale
Catylist Listing ID: 30640143
Property Subtypes: Retail
Gross Land Area: 0.59 Acres
Sale Price: See Agent
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/25/2020

Overview / Comments

We are pleased to present this 0.59 acre lot off of I-75 & Barnes Mill Road FOR SALE. This opportunity would be perfect for a Quick Service Restaurant or Coffee Shop looking to be directly off the major retail thoroughfare of Richmond, KY. The property can sustain up to 2,400 sf building footprint. Being off of I-75 & across from the massively popular Richmond Centre, the users surrounding this parcel (Starbucks, Panda Express, Steak 'n Shake, Golden Corral, Burger King, Texas Roadhouse) provide a TON of residual traffic for the site.

0.59 Acres
High Traffic Retail Area
Across from Richmond Centre
Surrounded by several prominent users (Starbucks, Panda Express, Texas Roadhouse, Golden Corral)
Pole Signage sharing with Golden Corral possible
Sustain up to 2,400 sf improvement
Accessible site, great ingress and egress off of a major road, seconds from I-75

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: 0042-042A-0005
Zoning: B-3
Property Located Between: Barnes Mill, Colby Taylor Blvd
Property Visibility: Excellent
Area Description: Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in the nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,505 29,230 41,910
Median Age: 35.43 31.86 33.02
Households: 2,804 11,258 16,458
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